Stelac Advisory Services 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
SPDR S&P 500 ETF TRUST	COM	78462F103	109,105	515,808	SH		DFND		0	0	109,105
VANGUARD EUROPEAN STOCK INDEX FUND ETF	COM	922042874	42,438	880,533	SH		DFND		0	0	42,438
VANGUARD INDEX FDS REIT ETF	COM	922908553	29,200	341,102	SH		DFND		0	0	29,200
JPMORGAN EXCHANGE TRADE NOTE 09 - 24.05.2024 / ALERIAN MLP	COM	46625H365	16,418	529,375	SH		DFND		0	0	16,418
GUGGENHEIM ETF TRUST S&P 500 EQUAL WEIGHTED INDEX FUND	COM	78355W106	15,048	180,021	SH		DFND		0	0	15,048
ISHARES SELECT DIVIDEND ETF	COM	464287168	14,330	167,822	SH		DFND		0	0	14,330
ISHARES MSCI JAPAN ETF	COM	464286848	10,895	875,171	SH		DFND		0	0	10,895
ISHARES EUROPE ETF	COM	464287861	9,188	233,309	SH		DFND		0	0	9,188
ISHARES 1 - 3 YR CREDIT BOND ETF	COM	464288646	8,468	80,068	SH		DFND		0	0	8,468
ISHARES MSCI EMMA ETF	COM	464287234	6,171	167,866	SH		DFND		0	0	6,171
ISHARES INTERMEDIATE CREDIT BOND ETF	COM	464288638	5,604	50,860	SH		DFND		0	0	5,604
VANGUARD GLOBAL EX US REAL ESTATE INDEX FUND ETF	COM	922042676	4,841	87,952	SH		DFND		0	0	4,841
ISHARES MSCI PACIFIC EX-JAPAN ETF	COM	464286665	3,614	85,488	SH		DFND		0	0	3,614
POWERSHARES ETF FUND TRUST II SENIOR LOAN PF ETF	COM	73936Q769	3,592	154,775	SH		DFND		0	0	3,592
VANGUARD FTSE EMERGING MARKETS ETF	COM	922042858	3,547	94,264	SH		DFND		0	0	3,547
PROCTER & GAMBLE CO	COM	742718109	3,351	37,333	SH		DFND		0	0	3,351
ISHARES MSCI CANADA ETF	COM	464286509	3,084	120,129	SH		DFND		0	0	3,084
SPDR DJ INDUSTRIAL AVERAGE ETF TRUST	COM	78467X109	3,016	16,502	SH		DFND		0	0	3,016
SPDR INDEX SHARES FUNDS EMMA ASIA PAC ETF	COM	78463X301	2,475	30,032	SH		DFND		0	0	2,475
BLACKSTONE GROUP LP	COM	09253U108	1,454	59,542	SH		DFND		0	0	1,454
ISHARES CORE S&P MID-CAP ETF	COM	464287507	1,411	9,120	SH		DFND		0	0	1,411
UBS ETRACS 11 - 24.05.2041 / 2X WELLS FARGO	COM	90267B765	1,204	64,013	SH		DFND		0	0	1,204
ISHARES TIPS BOND ETF	COM	464287176	1,154	9,906	SH		DFND		0	0	1,154
WEYERHAEUSER CO	COM	962166104	893	28,762	SH		DFND		0	0	893
BANK OF AMERICA CORP	COM	060505104	827	52,850	SH		DFND		0	0	827
ISHARES TRUST MSCI ALL PERU CAPPED ETF	COM	464289842	610	18,378	SH		DFND		0	0	610
UBS AG JERSEY 10 - 02.04.2040 ALERIAN MLP INFRASTRUCTURE IDX	COM	902641646	601	21,177	SH		DFND		0	0	601
FINANCIAL SELECT SECTOR SPDR FUND ETF	COM	81369Y605	583	30,193	SH		DFND		0	0	583
ISHARES INC MSCI SINGAPORE FREE ETF	COM	464286673	439	40,466	SH		DFND		0	0	439
ISHARES MSCI EAFE ETF	COM	464287465	438	7,415	SH		DFND		0	0	438
POTLATCH CORP	COM	737630103	422	11,143	SH		DFND		0	0	422
COMPANIA DE MINAS BUENAVENTURA SA BUENA	COM	204448104	418	30,171	SH		DFND		0	0	418
VANECK VECTORS VIETNAM ETF	COM	92189F817	356	23,569	SH		DFND		0	0	356
COLGATE-PALMOLIVE CO	COM	194162103	348	4,700	SH		DFND		0	0	348
ISHARES RUSSELL 2000 ETF	COM	464287655	293	2,358	SH		DFND		0	0	293
RAYONIER INC REIT	COM	754907103	291	11,253	SH		DFND		0	0	291
VANGUARD HIGH DIVIDEND YIELD ETF	COM	921946406	289	4,000	SH		DFND		0	0	289
COCA-COLA CO	COM	191216100	283	6,680	SH		DFND		0	0	283
JP MORGAN TRUST I SELECT STRATEGIE INCOME OPP FUND	COM	4812A4351	261	22,529	SH		DFND		0	0	261
DOUBLELINE TOTAL RETURN BOND FUND -I-	COM	258620103	260	23,854	SH		DFND		0	0	260
JPMORGAN TRUST I SELECT SHS MULTI-SECTOR INCOME FUND	COM	48121A290	259	25,935	SH		DFND		0	0	259
ISHARES MSCI INDIA ETF	COM	46429B598	252	8,552	SH		DFND		0	0	252
JOHNSON & JOHNSON	COM	478160104	210	1,775	SH		DFND		0	0	210
POWERSHARES ETF TRUST II	COM	73937B597	209	8,178	SH		DFND		0	0	209
APPLE INC	COM	037833100	204	1,802	SH		DFND		0	0	204
ISHARES CORE MSCI EMMA ETF	COM	46434G103	185	4,055	SH		DFND		0	0	185
BARCLAYS BANK STRUC NOTE 16 - 30.01.2019 S&P 500 VIX SHT TRM	COM	06740Q252	174	5,108	SH		DFND		0	0	174
ISHARES MSCI THAILAND CAPPED ETF	COM	464286624	167	2,277	SH		DFND		0	0	167
ANADARKO PETROLEUM CORP	COM	032511107	139	2,200	SH		DFND		0	0	139
REAL ESTATE SELECT SECTOR SPDR FUND	COM	81369Y860	130	3,963	SH		DFND		0	0	130
SPDR INDEX SHARES FUNDS EMMA MIDDLE EAST & AFRICA ETF	COM	78463X806	129	2,143	SH		DFND		0	0	129
SPDR INDEX SHARES FUNDS EURO STOXX 50 ETF	COM	78463X202	121	3,681	SH		DFND		0	0	121
PEPSICO INC	COM	713448108	113	1,040	SH		DFND		0	0	113